BEIJING, 12 January (BelTA - People's Daily) - EyeSmart Technology Ltd, a Beijing-based startup, has applied biometric iris recognition technology to finance, education, public security, social security, healthcare and public welfare, according to Chinese media.
Iris recognition is a method of identifying people based on unique patterns within the ring-shaped region surrounding the pupil. As the iris of each person is unique and doesn't degenerate over time, forgery and identity theft are difficult, according to EyeSmart.
Wang Xiaopeng, founder of EyeSmart, said: "Compared with facial and fingerprint recognition, the error rate of iris recognition is much lower. Iris recognition is the most stable, accurate and safest biometric identification technology at present."
With the development of new technology, the requirement for information security is becoming increasingly high. Iris recognition has become valuable in national security, military security, public safety and personal information security.
Wang said EyeSmart's iris recognition technology does not require users to stand close to the machine as the hardware is able to identify someone six meters away and even if they are moving.
"Traditional fingerprint and facial recognition have some potential risks. For instance, people could undergo plastic surgery and fingerprints are easy to copy," said Wang.
He added the iris recognition technology does not require a card, password or physical contact whether it is for making contactless payment, using the tech in a smart home or a smart car.
Founded in 2010, EyeSmart now provides specialized iris recognition products and solutions for hi-tech companies. Its products are used at banks, airports and hospitals.
In December 2014, it launched the world's first iris phone. Users are able to unlock the phone or log in and even encrypt files by iris.
